2024 NIO to QAR Historical Review

YEARLY HIGH

0.0999 QAR

YEARLY LOW

0.0980 QAR

YEARLY AVERAGE

0.0990 QAR

2024 NIO to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0999. Conversely, the yearly low was recorded on August 3, dropping to 0.0980.

This high-to-low spread represents a total annual volatility of 0.0019 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0994 to the December average rate of 0.0990, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0999 was down 0.88% compared to the 2023 peak of 0.1008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 499 QAR

2023 Average 498 QAR

Yearly Trough Low 490 QAR

Transaction Impact: A difference of 9.44 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0995

0.0989

JanuMarcMayJulySeptNove

NIO to QAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0991, compared to 0.0990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0991

H2 Avg (Jul–Dec) 0.0990

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0013 QAR (High: 0.0993 / Low: 0.0980). On the other end, September was the most stable month, with a tight range of 0.0002 QAR (High: 0.0991 / Low: 0.0989).

August Spread (Volatile) ±0.0013

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0990) against the same month in 2023 (average: 0.0996), the exchange rate shifted by -0.0006 (-0.61%).

2024 Avg (June) 0.0990

2023 Avg (June) 0.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0997	0.0991	0.0994
February	0.0998	0.0989	0.0991
March	0.0993	0.0987	0.0990
April	0.0993	0.0985	0.0990
May	0.0993	0.0987	0.0991
June	0.0999	0.0988	0.0990
July	0.0992	0.0988	0.0990
August	0.0993	0.0980	0.0989
September	0.0991	0.0989	0.0990
October	0.0992	0.0989	0.0990
November	0.0991	0.0988	0.0990
December	0.0992	0.0988	0.0990